NAMP Views FHA s Energy Efficient Mortgage (EEM) Program as Providing Energy Savings and Relief for Homebuyers

As utility rates rise, homebuyers can improve their mortgage options by incorporating energy-efficiency features into their FHA-insured home purchase or refinancing. FHA seeks to make EEMs more widely used to aid homeowners and homebuyers. Mortgage professionals can learn more through NAMP and FHA Online University s offered courses. (PRWEB) October 17, 2007 — As of late, many homeowners are being hit hard by an increase in utility rates, especially on the East Coast.

A new initiative, the Energy Efficient Mortgages Program (EEM) may help counteract these rising utility costs, thus helping homebuyers or homeowners save money on utility bills by allowing them to finance the cost of adding energy-efficiency features to new or existing housing as a component of their FHA-insured home purchase or refinancing mortgage.

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